Sign up | Log in



Home  >>   Daily News  >>Vietnam>>telecoms>>MEF II sells 2.5m Mobile World shares
NEWS UPDATES Asean Affairs    12  July  2016  

MEF II sells 2.5m Mobile World shares

Vietnam: Mekong Enterprise Fund II, or MEF II, announced the successful sale of 2.5 million shares of Mobile World (MWG) on July 9.

After the sale, MEF II’s ownership of MWG fell from 10.94 to 9.24 per cent, equal to 13.54 million shares in the technology firm.

The fund also became the largest shareholder of MWG after World Retail Investment Consulting Limited Company with its 13.18 per cent of shares.

According to statistics from the HCM Stock Exchange on July 8, the entire 2.55 million shares of MWG, worth VN?344.4 billion (US$15.3 million), were traded when the shares ended at VN?130,000 each. So, at the lowest intraday trading price of VN?129,000 during the day, MEF II could earn at least VN?322.5 billion.

In the first six months of this year, MWG shares soared 64.5 per cent from VND79,000 toVND130,000.

The MEF II fund, managed by Mekong Capital, was one of the earliest institutions to invest in MWG since 2007. It was once the largest shareholder, with ownership of over 30 per cent. — VNS

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories                           July 12, 2016 Subsribe Now !
• MEF II sells 2.5m Mobile World shares Subcribe: Asean Affairs Global Magazine
• Japanese investor acquires local MFI
• South Korean shoemaker plans $150m investment in Central Java: BKPM
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• Brunei sees ninefold surge in China investments
Phnom Penh last month. Heng Chivoan
Asean Analysis                  Jully 8, 2016
• Asean Analysis July 8, 2016
Recalibrating the Islamic State Threat in Southeast Asia
Advertise Your Brand

Asean Stock Watch   July  11, 2016
• Asean Stock Watch-July 11, 2016
The Biweekly Update
• The Biweekly Update  July 8, 2016

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand